Uzoka-Anite Reveals That Indian Investors Plan to Invest $14 Billion Into Nigeria

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Amazin Zion

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The Minister stated that Nigeria currently accommodates over 150 Indian companies, many of which have become popularly known.

She named some of the famous companies in Nigeria: Bharti Airtel, Tata, Stallion Motors, Churchgate and Indorama.

However, the Federal Governments of Nigeria and India are working on strategies to strengthen bilateral relations, especially on economic development and attracting more investments in the blue economy.

Olujimi Oyetomi, the Director of Press and Public Relations at the Ministry of Marine and Blue Economy, disclosed this in a statement on Wednesday.

This was during the India Trade Mission to Nigeria/Nigeria-India Business Forum, Nigeria-India Business Council, with the theme 'Expanding Trade & Investment Opportunities Between Nigeria and India' held in Abuja. The Minister of the Ministry of Marine and Blue Economy, Adegboyega Oyetola, expressed his hope that the potential collaboration between the two countries will be fruitful.

Read more: https://www.investingport.com/uzoka...stors-plan-to-invest-14-billion-into-nigeria/